The importance of this campaign to the legal profession and its clients, if funded by the U.S. Congress, cannot be overestimated. In addition to the risk of IRS investigations accompanied by related additional income tax, financial penalties, interest and the possibility of incarceration (however remote), there is a danger of income tax noncompliance (whether at the federal or state level) being exposed during legal adversarial proceedings that can lead to investigation referrals by federal and local courts.

On April 28, The US Department of the Treasury issued a press release titled, “Investing in the IRS and Improving Tax Compliance.” According to the article, funding the IRS will allow the agency to escalate enforcement activities and assist with reducing the tax gap; currently estimated to reach approximately $7 trillion over the next 10 years.